Description

Graco Inc.’s $591 Million Record Quarter — Is A Bigger Breakout Coming?

Graco Inc. reported second quarter fiscal 2026 results with record sales of $591 million, marking a 3% increase from the prior year. Growth was seen across all three business segments—Contractor, Industrial, and Expansion Markets—supported by improved customer activity and operational efficiency. Organic orders rose by 5% during the quarter, with backlog up 28% year-to-date excluding acquisitions. The company provided quarterly sales guidance for the third quarter, reflecting increased confidence in near-term visibility driven by strong order trends and backlog. The Contractor segment achieved record sales and earnings for the quarter, with 4% organic growth across Paint and Home Center markets in the Americas, an improvement after nearly two years of challenges. Demand remained healthy in protective coatings and foam, tied to broader commercial construction and infrastructure projects. Innovation and new product launches focused on improving productivity and reducing waste were highlighted as important growth drivers.